Queens » 11691 » Central Ave » 1603 Central Ave

16-03 Central Avenue, Far Rockaway, NY 11691 - Property report

Also known as: 16-03 Central Ave

Property image for 16-03 Central Avenue, Far Rockaway, NY 11691

Property type

Office Only 2-6 Stories (O2)

Year built

1931

Lot sq. ft.

10,405

Sale price

$2,300,000

General information

Address

Primary address

16-03 Central Avenue

Alternate address(es)

11-39 Foam Pl
16-03 - 16-05 Central Ave
16-03 - 16-05 Far Rockaway Blvd

ZIP code

11691

Neighborhood

Far Rockaway

Borough

Queens

Block & lot

15559-0042

Building

Property type

Office Only 2-6 Stories (O2)

Building sq. ft.

12,000

Building dimensions

60 ft x 100 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

07/06/2015

Sale price

$2,300,000 - M

Tax

Tax year

2026-2027

Property tax

$99,897

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

60.05 ft x 125 ft

Lot sq. ft.

10,405

Area overview

Walk score

89 /100. Very Walkable

Transit score

76 /100. Excellent Transit

Bike score

68 /100. Bikeable

School district

Community district

Closest police station

0.15 Miles

Closest fire station

0.20 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 16-03 Central Avenue, Far Rockaway, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 16-03 Central Avenue, Far Rockaway, NY 11691

Sale date	Sale price	Buyer name	Seller name
07/06/2015	$2,300,000	XXX XXXX XXXX, XXX	XXXX XXXXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/09/2026 - R	UCC3 Termination (2026070900516003)	XXX XXXX XXXX XXX	XXX XXX XXXX XXXXXXX XXX
07/09/2026 - R 07/01/2026 - D	Termination of Assign of L&R (2026070900516002)	XXX XXXX XXXX XXX
07/09/2026 - R 07/01/2026 - D	Satisfaction of Mortgage (2026070900516001)	XXX XXXX XXXX XXX	XXX XXX XXXX XXXXXXX XXX
09/03/2024 - R	UCC3 Assignment (2024083000468002)	XXX XXXX XXXX XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
09/03/2024 - R	UCC3 Assignment (2024083000468001)	XXX XXXX XXXX XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
09/03/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024083000458004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
09/03/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024083000458002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
09/03/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024083000458003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
09/03/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024083000458001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
02/17/2021 - R	UCC3 Continuation (2021021500389001)	XXX XXXX XXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 16-03 Central Avenue, Far Rockaway, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$99,897

Municipal exemptions

Recent tax assessments

Market value

$2,144,000

Assessed value

$964,800

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$2,083,000	$937,350	$894,720	10.848%	$97,059	$97,059	-0.89%
2024/25	$2,246,000	$1,010,700	$909,940	10.762%	$97,928	$97,928	+3.78%
2023/24	$2,234,000	$1,005,300	$890,860	10.592%	$94,360	$94,360	-0.26%
2022/23	$2,106,000	$947,700	$888,620	10.646%	$94,602	$94,602	-2.02%
2021/22	$2,196,000	$988,200	$897,780	10.755%	$96,556	$96,556	+1.52%
2020/21	$2,234,000	$1,005,300	$889,400	10.694%	$95,112	$95,112	+5.57%
2019/20	$2,152,000	$968,400	$855,026	10.537%	$90,094	$90,094	+6.54%
2018/19	$1,992,000	$896,400	$804,266	10.514%	$84,561	$84,561	+4.10%
2017/18	$1,958,000	$881,100	$772,576	10.514%	$81,229	$81,229	+13.30%
2016/17	$2,083,000	$937,350	$678,041	10.574%	$74,527	$71,696	+16.63%

Permits

Permit information for 16-03 Central Avenue, Far Rockaway, NY

Filing date	Job type	Job status	Job description	Initial cost
12/06/2016	Alteration type 2
07/01/2010	Alteration type 2
07/01/2010	Alteration type 2
12/15/2009	Alteration type 2
05/31/1996	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	10/17/2017	E-elevator
	12/01/2016	Evcat1-elevator annual inspection / test
	11/04/2016	E-elevator

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Beach 22nd St & Mott Ave at SW Corner

Station lines

Distance (miles)

0.129

View subway map

Access the detailed traffic volume map for 16-03 Central Avenue, Far Rockaway, NY 11691 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for 16-03 Central Avenue, Far Rockaway, NY

11096, Nassau County, NY 11411, New York City, NY 11412, New York City, NY 11413, New York City, NY 11420, New York City, NY 11422, New York City, NY 11430, New York City, NY 11433, New York City, NY 11434, New York City, NY 11436, New York City, NY 11516, Nassau County, NY 11557, Nassau County, NY 11559, Nassau County, NY 11580, Nassau County, NY 11581, Nassau County, NY 11598, Nassau County, NY 11692, New York City, NY 11693, New York City, NY 11694, New York City, NY

Frequently asked questions

What is the year built for 16-03 Central Avenue, Far Rockaway, NY 11691?

The development at 16-03 Central Avenue, Far Rockaway, NY 11691 was built in 1931.

What is the market value of 16-03 Central Avenue, Far Rockaway, NY 11691?

The current market value of 16-03 Central Avenue, Far Rockaway, NY 11691 is $2,144,000.

What is the total square footage of 16-03 Central Avenue, Far Rockaway, NY 11691?

16-03 Central Avenue, Far Rockaway, NY 11691 has a total of 12,000 square feet.

What is the price per square foot for this property?

$191 per square foot is the price for 16-03 Central Avenue, Far Rockaway, NY 11691.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.